Grosvenor Appoints New Chief, CIO

Islamic fund manager, KFH Asset Management, will unveil a new $300 million fund.

Grosvenor Fund Management has appointed Jeffrey Weingarten as CEO and James Raynor as CIO of the firm, Pensions & Investments reports. Weingarten, a non-executive chairman at Grosvenor, will be active on his new role effectively from March 17, 2011. In is new role, Weingarten will be replacing Stuart Beevor, who is leaving the firm in March. Raynor, whose position is new at the firm, will retain his duties as director in continental Europe.

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